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Wednesday, November 11, 2015

UK Unemployment Falls

The ONS reports that the unemployment rate fell to 5.3% in the three months to September, down from 5.6% in the previous three months and the lowest rate since April 2008.

Employment rose by 177,000 over the quarter, meaning there are now 31.2m people in work, according to the Office for National Statistics (ONS).

Britain's working age employment rate now stands at 73.7%, Britain now has the highest employment rate and level since records began in 1971.

As with all statistics from the ONS, be aware that they are out of dated and invariably subject to revision.

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